QTUM/BTC approaching Support Zones: Quantum ready to buy again ?
Updated
Quantum had quite a spike which has mostly retraced.
It is now approaching some Fib support zones to watch.
BUT need signs of accumululation (sideways for a while).
600-610 would be the Ideal bounce point.
569-580 should bring very strong buying.
520-569 could breach, but better bounce hard.
It is now approaching some Fib support zones to watch.
BUT need signs of accumululation (sideways for a while).
600-610 would be the Ideal bounce point.
569-580 should bring very strong buying.
520-569 could breach, but better bounce hard.
Note
Decent bounce so far at the fist support zone Closeup shows the EXACT bounce off support line at 610
.
Note
Back to the first support zone, and seeing a bit of a bounce. But I do NOT think it will hold again, lets see .
Note
Still holding just above first support. But the second bounce was anemic compared to the first. Unless there is some new development, I think it will fall through to the next support below .
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